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Buying used cars

The majority of people buy used cars. This is because they make economic sense. In fact, new cars are estimated to lose about 30% of their value in less than two years. Thus, if you are planning to sell the new car you bought recently, then you are going to lose a considerable amount of money.



However, buying used cars can be a nightmare to many people. In this case, you need sharp wits and understand different pitfalls. Since not all people are experts as far as cars are concerned, it is good to consult qualified and experienced people. There are several things to know about these types of cars.